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income tax - U/s 44AD / Af
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Yes. He is covered under 44AB if any of the following conditions are satisfied.
1. If he claims that his net profit is less than 8% (44AD) or 5% (44AF), as the case may be.
2. If his total TURNOVER exceeds the 60 lakhs
(Note: The turnover for the purpose of Sec 44AB is the total sales, turnover or gross receipts, as the case may be. Therefore, in this case since his total t/o exceeds 60 lakhs (35+35), he is liable to get his accounts audited under 44AB)
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